Aug 11 (Reuters) - REA Group Ltd (REA) :
- EXPECTS LOSSES FOR COMBINED CONTRIBUTIONS FROM ASSOCIATES IN FY24 TO BE MODESTLY HIGHER THAN FY23
- RESIDENTIAL BUY YIELD GROWTH IS ANTICIPATED TO GROW DOUBLE-DIGIT IN FY24
- SELLER CONFIDENCE CONTINUES TO BE IMPACTED BY INTEREST RATE UNCERTAINTY, AND A LACK OF SUPPLY OF PROPERTY INVENTORY TO BOTH BUY, RENT
- CONTINUING TO SEE STRONG DEMAND AND A RETURN TO PRICE GROWTH IN AUSTRALIAN PROPERTY MARKET
- EBITDA LOSSES IN INDIA ARE ANTICIPATED TO BE LOWER IN FY24 COMPARED TO FY23
- FULL YEAR POSITIVE OPERATING JAWS ARE TARGETED FOR THE GROUP
- BELIEVE STABILIZATION OF INTEREST RATES IS WITHIN SIGHT AND EXPECT THIS WILL LEAD TO AN INCREASE IN AU PROPERTY MARKET ACTIVITY
- CONSOLIDATION OF CAMPAIGNAGENT IS ANTICIPATED TO INCREASE GROUP OPERATING COST GROWTH TO LOW TO MID-TEENS
News: REA REA Group Says Expect FY24 Losses For Combined Contributions From Associates To Be...
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Last
$248.39 |
Change
2.530(1.03%) |
Mkt cap ! $32.81B | |||
| Open | High | Low | Value | Volume |
| $245.83 | $249.06 | $244.19 | $36.44M | 147.0K |
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|---|---|---|
| 2 | 92 | $247.36 |
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| Price($) | Vol. | No. |
|---|---|---|
| $248.69 | 59 | 1 |
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| REA (ASX) Chart |